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Mortgage spreads refer to the difference between the 10-year yield and the 30-year mortgage rate. Weekly pending sales The latest weekly pending contract data from Altos Research offers valuable insights into current trends in housing demand. The last two years were the two lowest newlistings data years in history.
While they previously accounted for only 2% to 4% of listings, that share surged to nearly 8% of newlistings by February 2025. Office exclusives, also known as private or pocket listings , refer to residential properties that are marketed privately rather than being broadly shared through the Multiple Listing Service (MLS).
17-24), Inventory fell from 437,282 to 430,395 The recent inventory bottom was in 2022 at 240,194 The inventory peak for 2023 was 569,898 For context, active listings for this week in 2015 were 958,304 Newlistings data Newlistings data is growing year over year and increasing week to week, but I wish we were seeing more significant growth.
Just Listed postcards Just listed postcard from Wise Pelican Just Listed postcard with QR code from Agents Assemble on Etsy Luxury Just Listed postcard from Wise Pelican Just Listed postcard from Corefact Just Listed postcards are designed to create excitement and interest around a property that has recently been listed for sale.
Pending Sales There are now 378,000 single-family homes in contract. There were 68,000 newcontracts for single-family homes this week. In the chart below, the light portion of each bar represents the newcontracts each week. But, there were another 15,000 condos and townhomes that went into contract this week.
Once a lead is input into its CRM, Zurple sparks conversations via text or email with your leads from all sources, and alerts them to newlistings in their area of interest. That’s good news for real estate agents and brokers looking to attract leads.
Newlistings, seasonally adjusted 526,740 1.6% Total homes for sale, seasonally adjusted (active listings) 1,636,415 -0.3% Median days on market 37 3 6 Share of homes sold above final list price 30.2% -3.1 ppts Average sale-to-final-list-price ratio 99.3% -0.4 Newlistings, seasonally adjusted 526,740 1.6%
Use this tool: Coffee & Contracts Coffee & Contracts is like a membership-based social media toolkit for real estate agents. Learn more Create listing alerts for buyers The most effective real estate marketing ideas today are all about smart, automated lead nurturing. Use this tool: ProspectsPLUS!
If you have any questions about the paperwork or need help during the contract to close period, please save my number and reach out. Your sphere will always be your best source of business if you teach them how to refer you AND keep in touch with them. I sell a lot of properties in this area, so I’m always curious how the traffic is!
You’ll need to enroll in and complete the following TREC-approved, qualifying real estate courses: Principles of Real Estate I Principles of Real Estate II Law of Agency Law of Contracts Promulgated Contract Forms Real Estate Finance Each course is 30 classroom hours, for a total of 180 hours. Do they use lawn signs and postcards?
Both inventory levels and newlistings increased significantly in recent months, leading to an 18 percent increase in sales and a 1.6 Even more telling, contract signings for homes priced at $1 million or more have increased by 11 percent over last year, and demand remains high among affluent buyers. percent from 7.06
The present bill also refers to requirements for data collectors established by the Appraiser Qualifications Board, which do not exist. Other sources of housing data are showing increases in newlistings, which is a real positive for the spring buying season given the lack of for-sale inventory.” percent the previous week.
We are seeing more newlistings across the country, and it’s something we’re also seeing locally. Listings have increased much more in portions of Texas and Florida especially, so it’s important to recognize the trend isn’t the same in everywhere. Forget about other overpriced listings. It’s just not 2021 any longer.
The number of newlistings has decreased but so has the number of pending sales, which means that inventory is lingering longer than it has been which is a positive sign for buyers. This means that last year, listings were higher than the year prior due to the delayed market as a result of COVID. over September 2019.
Meantime, the number of contractlistings – known as Pending sales – rose 6.1% Realtor.com reported that our broader market (including Bellevue and Tacoma) experienced the sharpest rise in newlistings compared with last year, up 42%. The number of Active listings is another eye-opener. was up 27% YoY.
Homes Listed – All of NH. Newlistings in 2021 followed a less treacherous trendline in 2021 than 2020 but still couldn’t quite keep up with pre-pandemic markets. decrease in the state of New Hampshire brought listings to 27,131 from 28,127 the previous year. Homes Pending (contract accepted) – All of NH.
Investors would look for ‘For Sale’ signs around town or rely on a network of local associates to refer properties their way. Choose an app that lets you search based on these criteria—and then save that search so it automatically populates with newlistings. Over time, things became more streamlined.
Your database of past clients and sphere of influence Statistically, when you have regular and real conversations with your list, 10% will either do business with you or refer business to you every year. Don’t get mad when another agent lists your past client if you’re not making the effort. When have you asked?
Now you may think I am referring only to homeowners, as in did they miss the peak of the market to sell their home at top dollar. Newlistings are up 6.3% Condo sales are in a similar boat, with newlistings higher – by 4.3% Here’s how topsy-turvy our housing market has been this past year-plus. 1 vs. Sept.
The King County housing market has seen inventory increase by 55% in the past month, while the number of homes going under contract fell 22% from May to the lowest June level since 2011. A property lease-up refers to the time between the announced launch of a new apartment and 6-12 months after opening.)
I refer to these challenges as the 5 L’s. The county saw the combined number of single-family, townhome and condo listings increase in June by 4.4% While that percentage may appear strong, it’s nothing compared to the April-to-May rise of 18%, signaling a probable cooling of newlistings going forward.
The county saw newlistings and end-month Active listings rise but Pending sales slip, suggesting buyers are no longer snatching every listing on the Northwest MLS as they become available. I often refer to penthouse condos as having a wall of windows. Then the pandemic hit, quickly followed by the recession.
Or, are sellers in the subject neighborhood typically settling at about 95% of the list price? If you’re showing your newlisting versus its competition, do you look priced right , overpriced or priced so well you’d be dying to write an offer and snap it up? Are they listing and buying or just listing?
More than 90% of builders in May reported shortages of appliances, framing lumber and other wood products: To address rising costs, some 47% of builders surveyed this spring say they are including price-escalation clauses in their sales contracts to avoid a deeper hit on their bottom lines. High demand kept supply depleted. months (from 0.7)
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